Every share should be given a unique identifier and accounted for. If a share is short it should be marked as loaned and short in a public database that is instantly available to the public. It doesn't have to say WHO but a unique identifier for the trader and platform would be nice. An ID that only the owner of the ID could use to make sure the ledger is valid. Another option would be to
Naked shorting, synthetic share creation, and dark pool order flows for payment need to stop. The algorithms are out of control and have caused our financial systems to be nothing more than programmed manipulation by hedge funds which do not have the interest of the retail trader at heart. Shorts need to report daily and FTDs need to be fully resolved by day 13th - not just the minimum payments
We must have daily reporting of short positions. We must see strict regulation of naked shorting and massive fines for abuse. We must see strict regulation of dark pools. We must see daily reporting of FTDs. I have zero faith in our financial system after witnessing the blatant manipulation perpetrated by certain hedge funds and market makers all while retail investors are blamed.
My experience investing has been limited to my own money from my retirement savings and having NO FORMAL education in investing. (I am 73 yrs old and my occupation was that of an Audiologist.) When the Federal Reserve over-extends credit causing inflation, I have to make up for my losses due to that inflation. One avenue is to short treasury notes via TBT and that vehicle has been a very
I am very strongly in support of strict regulations that require the reporting of synthetic short positions. Daily reports of such positions and all other short positions should be required. Fail to delivers in particular need much more regulation. In my opinion FINRA should place regulating FTDs as priority one. More frequent reporting, and shorter time to release FTDs to the public, as
This has all the hallmarks of market manipulation similar to what was seen during the Bush Administration in 2008. This type of manipulation wouldn't be necessary but for the incredibly loose monetary policy and failure to properly regulate IPOs, and especially SPACs, that seemed designed to take money from retail investors and give it to insiders. You can't possibly be worried about
Summary
The purpose of this Election Notice is to notify members of an upcoming election to fill one small firm seat on the National Adjudicatory Council (NAC). Eligible individuals who obtain the requisite number of valid petitions may be included as candidates on the ballot by following the petition procedures described in this Election Notice.
A formal notice of the NAC election and ballot
I am new to investing as a retail investor, but one thing that has been clearly revealed is the lack monitoring and action taken on the hedge funds and other entities when shorting stocks/companies. That the SEC doesn't do anything to stop the naked short selling occurring in the market reflects that the only people allowed to make money in this market are the ones who get away with it given
This system is being absolutely abused by short sellers and transparency is not only needed but should have already been implemented. Everyone should have access to the same data, THAT is a fair and just market. Right now the market , AMC, GME , in particular are being manipulated through the use of ETFs and FTD to stall the process of covering shorts like they should. The consequence of these
Every share should be tracked with unique identifier. Every share should be located and lent only once. Every order should be delivered T+2 or fails mean an exclusion and high cost penalty. Every short position should be updated with FINRA daily. The US market is manipulated by huge financial institutions with naked short selling and share price action manipulation. Please make it a free and
